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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

Surprises keep RBNZ 'nervous' in inflation battle

Central bank would not have made any different decisions on monetary policy in the past five years under the new remit, Adrian Orr tells Finance and Expenditure select committee.

Illustration: Michael Hickmott.

The Reserve Bank remains nervous about inflation being too high and ongoing surprises to the economy.

Governor Adrian Orr, along with assistant governor Karen Silk, and chief economist Paul Conway fronted today’s Finance and Expenditure select committee to explain last month’s decision to hold

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Jonathan Mitchell Wed, 20 Dec 2023
Contact the Writer: jmitchell@nbr.co.nz
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Surprises keep RBNZ 'nervous' in inflation battle
Economics,
102219
true